Bloomberg News

YPF Plans $7 Billion Oil Refinery in Argentina, El Cronista Says

July 16, 2012

YPF SA (YPFD), Argentina’s state-run oil company, plans to build a $7 billion refinery with capacity to process 300,000 barrels of crude per day, EL Cronista reported, without saying where it got the information.

The plant will be built in five years in Bahia Blanca, a petrochemical hub in Argentina’s southern coast, the Buenos Aires-based newspaper said.

To contact the reporter on this story: Pablo Gonzalez in Buenos Aires at pgonzalez49@bloomberg.net

To contact the editor responsible for this story: James Attwood at jattwood3@bloomberg.net


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